The Cost of Not Measuring Your Inventory

We typically talk about what it costs to measure your inventory, but rarely do we discuss the cost of not measuring your inventory. Many companies create papers and marketing materials comparing the costs of different ways to measure inventory – drones, manned aircraft, terrestrial LiDAR, GPS stick and pole, wheel and tape, etc. However, a more interesting, and likely more important questions is this: What is it costing you to not measure your inventory?